Edwards could see a full-year 2014 profit of around $328.2 million, based on a Business Journal extrapolation. The company said in a release that its per-share profit would be “in a wide range around $3.”

Analysts expected Edwards to post a $385.1 million profit in 2014.

The device maker said it could see full-year 2014 sales of $2.05 billion to $2.25 billion. Analysts expect revenue of $2.2 billion.

Sales of Edwards’ transcatheter heart valves are projected to come in at $700 million to $820 million in 2014.

“Edwards will face new competition in the U.S. and Europe early in 2014. With the uncertain timing of these competitive entries, as well as the regulatory approvals of our own next-generation technologies, we are providing a wide range of forecasted sales,” Mussallem said.